Rehive

Can stablecoins replace BaaS as the next infrastructure layer in financial services? That was the bold question asked by Rehive's Helghardt Avenant in this week's Signals for This Week in Fintech - and grab a coffee and get comfortable, because it is a bold, ambitious read. "As a fintech founder, I can’t help but ask: why build your fintech on BaaS when stablecoins provide a better alternative? I believe stablecoins offer the infrastructure BaaS couldn’t—but only if done in a non-custodial way. This emerging model, referred to as non-custodial neobanking, is being driven by early innovators like Kontigo, Decaf and Vibrant leading the way. It combines the user-friendly experience of neobanks with the added benefits of self-custody on the blockchain." - Helghardt Avenant https://lnkd.in/ev4tQbit

When I was first introduced to Jed McCaleb and learned about the "promise" of blockchain, I have to admit, I was skeptical too. But then I got a first look at the technology, its use cases, and its opportunities to completely transform the way we interact with money. Today, I am incredibly proud to see the growth of this technology, specifically on the Stellar network. UNHCR, the UN Refugee Agency, has disbursed over $4 million in aid with Stellar Aid Assist | Stellar Development Foundation. Why is this method of disbursement important? Because it's a lifeline. In times of war, when banks close and operations halt, people still need access to cash. With blockchain and programs like Stellar Aid Assist, refugees can receive funds in their mobile wallet, carry that with them across borders, cash out at local MoneyGram International locations, or hold onto it with stablecoins like Circle USDC. We can't solve every problem, but we will continue working to ensure that financial access is one day at everyone's fingertips. Thanks for having me, Bloomberg… and thank you to those building on the Stellar network who make it all possible.

Shopify’s milestone of $𝟭 𝘁𝗿𝗶𝗹𝗹𝗶𝗼𝗻 🤯 processed on their platform is already on the ads in Metro. Nice catch Jevgenijs Kazanins 👌 Find this helpful? [ 𝗿𝗲𝗽𝗼𝘀𝘁 ] Anything to add about this subject? [𝗶𝗻𝘃𝗶𝘁𝗲𝗱 𝘁𝗼 𝗰𝗼𝗺𝗺𝗲𝗻𝘁] Nice story, Marcel. Next! [ 𝗹𝗶𝗸𝗲 ] 

Stellar is global 🌎 Founders from everywhere visit SDF HQ with Draper University! If you see yourself in the video say 👋